HRS §88-24
Who serves on the retirement board
This section sets the size and makeup of the board that runs the retirement system. It has eight members: the state finance director, four elected members from the system, and three appointed citizens with financial experience. It also explains how elections and appointments work.
employeesstate agencies
The statute, as written — Composition of board
The board of trustees shall consist of eight members as follows: (1) The director of finance of the State, ex officio; (2) Four members of the system, two of whom shall be general employees, one of whom shall be a teacher, and one of whom shall be a retirant to be elected by the members and retirants of the system under rules adopted by the board governing the election to serve for terms of six years each, one of the terms to expire on January 1 of each even-numbered year; provided that, if after the close of filing of petitions for candidacy, a member is unopposed for election to a trustee position, the member shall be deemed and declared to be duly and legally elected to the position of trustee without an election; and (3) Three citizens of the State who are not employees, two of whom shall have at least three years of experience providing financial services, including investments, to public, corporate, or private institutional clients, to be appointed by the governor, with the advice and consent of the senate, to serve for a term of six years each, one of the terms to expire January 1 of each odd-numbered year. Each trustee shall serve until the trustee's successor is elected or appointed, as the case may be, and qualified. For the purpose of this section, the term "general employees" includes police officers and firefighters.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.